Reported 25 days ago
India's Competition Commission has accused Samsung, Xiaomi, and several smartphone brands of colluding with Amazon and Flipkart to launch exclusive products online, violating antitrust laws. Reports indicate that these companies favored specific sellers and engaged in practices that harmed market competition, prompting an investigation that could lead to fines and changes in business practices. This situation poses legal challenges for the implicated companies while impacting small retailers who struggle to compete.
Source: YAHOO